Is CashBus legal?
Illegal lending company without a validly subsisting Certificate of Authority to Operate as Lending Companies or Financing Companies from the Securities and Exchange Commission.
The Securities and Exchange Commission (SEC) shut down 19 illegal online lending apps on Monday, 16 September 2019, over complaints of invasion of privacy and harassment.
Be careful! Do not be fooled!
|Min amount||Max amount||Min terms||Max terms||Rate|
|1000 PHP||10000 PHP||7||91||1% per day|
2. Time to review
3. Other conditions
Example of calculating interest and loan payments
|TERM||10 days||20 days||30 days|
|LOAN AMOUNT||10000 PHP||10000 PHP||10000 PHP|
|INTEREST AMOUNT||1000 PHP||2000 PHP||3000 PHP|
|TOTAL REPAYMENT||11000 PHP||12000 PHP||13000 PHP|
As early as July 2019, СashBus Philippines was working and lending, but completed its operations in August 2019.
Many Filipinos have received Cashbus loans , and you can read CashBus review and questions on the company’s official Facebook page.
Google Play link is also currently not available and you will not be able to download the СashBus loan app. Unfortunately, we don’t have a Сashbus contact number. The official Сashbus website also does not work, you can try to contact the company via Facebook. We can see that the employees of the company gave answers on this page during the summer.
HOW IT WORKS
1. Fill in the form
2. Wait 20 minutes
3. Get money
Written by Mikka Montero | Modified date: January 29, 2020